(Newser)
–
If you went to MIT, the economy shouldn’t look half bad. Tech companies are hiring again, often even fighting over top recruits, the Wall Street Journal reports. Yesterday, Google announced that it had hired 786 employees in the first quarter, and said it expected to “continue hiring aggressively throughout the year.” The announcement came alongside a stellar earnings report that showed a 37% profit jump for the company.

That figure should be just the tip of the iceberg; Standard & Poor is predicting a 79% year-over-year earnings boost for the whole sector for the quarter. And with those profits will come jobs; Intel is hiring for the first time in five years, Cisco will add 2,000 to 3,000 workers, and loads of smaller companies and start-ups are headhunting as well. “It’s a very competitive job market,” says a LinkedIn VP.

Yes, but are the Tech companies really hiring full time employees or are they using "Temporary Agencies" so that they can avoid paying for Health Insurance that their management receives. The other big Tech companies are known for their use of "Contract Employees" that can be let go as soon as their project is finished. This practice is spreading to other industries so when Americans finally get hired they are going to have a new on-the-job experience: http://www.flixya.com/post/bri...